Schwab Declares Preferred Stock Dividend

December 12, 2012 02:35 PM Eastern Daylight Time

SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a
semi-annual dividend on the outstanding Fixed-to-Floating Rate
Non-Cumulative Perpetual Preferred Stock, Series A in the amount of $35
per share. The dividend is payable February 1, 2013, to stockholders of
record at the close of business on January 17, 2013.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 300 offices and 8.7 million client
brokerage accounts, 1.6 million corporate retirement plan participants,
851,000 banking accounts, and $1.9 trillion in client assets as of
November 30, 2012. Through its operating subsidiaries, the company
provides a full range of securities brokerage, banking, money management
and financial advisory services to individual investors and independent
investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co.,
Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; compliance and trade monitoring solutions; referrals to
independent fee-based investment advisors; and custodial, operational
and trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles Schwab
Bank (member FDIC and an Equal Housing Lender), provides banking and
lending services and products. More information is available at www.schwab.com
and www.aboutschwab.com.

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